Analysis of sulfuric acid market price on November 18
1、 Market price of sulfuric acid in China
Unit: yuan/ton
Today, the acid price in some regions of the sulfuric acid market in China has shown a slight increase. As of now, the ex-factory price of 98% sulfuric acid in Jiangsu is 380-480 yuan/ton, and the factory price of 98% smelting acid in Sichuan is 480-600 yuan/ton; With the recent recovery of sulfuric acid markets in some regions, shipments of acid companies have improved, orders on hand from companies have increased, and prices have increased slightly. Recently, the acid price in Jiangsu, Sichuan and Guizhou has increased by 20-70 yuan/ton; Coupled with strong support from the export market, the sulfuric acid market may maintain positive performance in the short term.
2、 Sulfuric acid price index
According to calculations from TDD-global data, the sulfuric acid market price index on November 18 was 410.38, an increase of 5.77 from the previous working day, or 1%.
3、 market outlook
Acid plants under early maintenance have resumed production one after another, and some acid companies have also begun maintenance this week. The market production situation is mixed; the price of raw material sulfur is high, and the supporting cost for sulfuric acid is strong; the demand for downstream phosphate fertilizer and titanium dioxide industries is relatively stable, and the demand for procurement is maintained. The market atmosphere is slightly deadlocked, but the inventory of acid plants is low, and acid prices in some areas may rise slightly in the later period.
